Pages tagged "finance"
The persistence of fiscal stupidity
Government finances are not like household finances, simply because public spending is so big that it affects the rest of the economy – something which is not true of households.
Read moreBuyback this! How Trump's tax bill has already increased inequality
Economist David Ruccio explains why the corporate tax cuts that Donald Trump and his fellow Republicans have supported have already increased inequality.
Read moreLEFT OUT: Stephanie Kelton on MMT and debunking budget deficit myths
Left Out, a podcast produced by Michael Palmieri, Dante Dallavalle, and Paul Sliker, creates in-depth conversations with the most interesting political thinkers, heterodox economists, and organizers on the Left.
In this episode, Left Out speaks with Professor Kelton about Modern Monetary Theory and debunking budget deficit myths. Professor Kelton is a leading American economist and a Professor of Public Policy and Economics at Stony Brook University. She was Chief Economist on the U.S. Senate Budget Committee and Economic Advisor to the Bernie 2016 presidential campaign.
Read moreWall Street vs Workers: Minsky, Marx, and Capitalist Crisis
What Hyman Minsky and Karl Marx can teach us about the recent fluctuation in global stock markets, speculative finance, capitalists and their workers.
Read moreLEFT OUT: Steve Keen on if mainstream economics can save us from another financial crisis
Left Out, a podcast produced by Michael Palmieri, Dante Dallavalle, and Paul Sliker, creates in-depth conversations with the most interesting political thinkers, heterodox economists, and organizers on the Left.
In this episode, Left Out speaks with Professor Steve Keen about his latest book, Can We Avoid Another Financial Crisis?, as well as the failure of mainstream economics.
Read moreLEFT OUT: David Harvey on Marx, Capital, and the Madness of Economic Reason
Left Out, a monthly podcast produced by Michael Palmieri, Dante Dallavalle, and Paul Sliker, creates in-depth conversations with the most interesting political thinkers, heterodox economists, and organizers on the Left.
In this episode, we speak with David Harvey about his latest book, Marx, Capital, and the Madness of Economic Reason, as well as what the Left most focus on to effectively organize for a better economy and society.
Read moreFrom highway to master: how modern mainstream economics corrupted the 'invisible hand'
It should be clear to all that finance has been fundamentally transformed since Adam Smith’s day, from a highway that was supposed to serve us into a master that we serve.
Read moreThe cost of getting it wrong
What most of us have long believed about how the economy works is based on a set of fundamental myths, supported by a series of inappropriate and misleading metaphors, from which it is difficult to escape. The emotional investment we have made in these myths has allowed for levels of unemployment, underemployment, inequality and relative poverty which would have seemed incredible a generation ago.
Read moreD@W Exclusive Podcast: Michael Hudson on Junk Economics
D@W's Paul Sliker and Dante Dallavalle talk with Michael Hudson, one of the world’s six economists who accurately predicted the 2007-2008 financial crisis. His new book, J is for Junk Economics, reveals how the mainstream economic vocabulary has been turned around in an Orwellian way to mean just the opposite of what words used to mean. Michael explains how the media and academia use well-crafted euphemisms to conceal how the economy really works, the economy under Obama vs. Trump, and what might be coming next.
Read more